The engineering services firm will conduct airborne lidar data acquisition across Missouri, Kansas and Alabama, covering tens of thousands of square miles. Bowman will also produce elevation-derived hydrography products using Interferometric Synthetic Aperture Radar data in Alaska to support the USGS 3D Hydrography Program.
The work will be executed through Bowman’s Merrick-Surdex Joint Venture, which has worked with USGS for over a decade on multi-state aerial lidar data acquisition and processing. The company said it will use recently acquired high-performance aircraft assets for the projects.
"These assignments reflect exactly the type of high-value, multi-year federal work that builds durable growth and positions us for future opportunities with USGS," said Gary Bowman, founder and CEO, according to the press release statement. The company’s operational efficiency is reflected in its impressive gross profit margin of 53%, while InvestingPro analysis suggests the stock is currently undervalued. Investors can access a comprehensive Pro Research Report on BWMN, one of 1,400+ US equities covered with detailed analysis and actionable intelligence.
Bowman, headquartered in Reston, Virginia, is a national engineering services firm with over 2,500 employees in more than 100 locations throughout the United States. The company provides planning, engineering, geospatial, construction management and environmental consulting services.
In other recent news, Bowman Consulting Group reported its Q4 2025 earnings, which exceeded analyst expectations. The company achieved an earnings per share (EPS) of $0.45, surpassing the forecasted $0.40, representing a 12.5% positive surprise. Revenue for the quarter reached $114.6 million, slightly above the anticipated $113.57 million. Additionally, Bowman Consulting announced a significant contract amendment with a U.S. government agency, increasing the contract’s total value to $177.7 million. This amendment is part of a larger agreement expected to be completed over the next 36 months. The company also secured contracts worth over $3 million from Pathfinder Development Corp. for work on the Pathfinder-Tonopah critical minerals project in Nevada. This project is backed by a substantial $896 million letter of intent from the Export-Import Bank of the United States. These developments highlight Bowman’s active engagement in various sectors and its continued growth trajectory.
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